Ten Years After Joining The WTO, The Development Of The Textile Industry Has Accelerated &Nbsp, And The Pition Will Soon Be Polarized.

Chinese

Looking back to the ten years since the entry of the textile industry in 2001, the textile industry is ushering in a period of rapid development. At the same time, it is also faced with the crisis brought by the world economy and the consequences brought by the country.

Qiu Yafu, chairman of Shandong Ruyi group (8.84,0.39,4.62%), recalled that after visiting Italy's advanced textile mill, the difference between Chinese textile enterprises and foreign advanced textile enterprises was too big. The equipment, personnel, technology, technology, design level, creativity and so on were all there.

Qiu Yafu summed up the two main gaps: first, the advanced nature of tooling equipment; the second is that we do not have such an ability to internationalize.

Now, ten years after joining the WTO, China's textile enterprises have fully realized the importance of technology to enterprises, and at the same time shouting for technological pformation and improving product quality.

But there are also some textile enterprises struggling to cope with the negative factors such as cost increase, export reduction, RMB appreciation and so on, which makes the enterprises unable to pform.

In this regard, experts pointed out that China's textile industry no longer has the advantages of low cost and a large number of exports, to develop depends on pformation.

Export growth declined, textile enterprises seek domestic sales

In the ten years after entering the WTO, the textile industry is one of the fast developing industries in various industries. In 2010, the total export volume of textile and clothing reached US $212 billion, which increased 3.1 times compared with that before 2000. The share of China's textile and apparel exports has reached 33% in the global market, double the proportion before the WTO accession.

Xiong Xiaokun, a light industry researcher at CIC, told reporters: "the major textile companies listed on the textile industry have accelerated the upgrading of the textile industry technology. Although the total export volume has increased, the proportion in the total economic output has been shrinking. Many textile companies listed in the real estate sector have been investing in other sectors, and the proportion of the industry has begun to decline."

Gao Yong, vice president and Secretary General of China Textile Industry Federation, said in a media interview that from the time of China's entry into WTO, almost every single year there will be some events that have a major impact on China's textile industry.

"When China joined the WTO in 2001, the special safeguard case against Chinese textiles increased sharply in 2003, and the quota of textile exports was abolished in 2005. The international financial crisis broke out in 2007, and China entered the WTO 10th anniversary in 2011."

Statistics show that the European Union, the United States and Japan are the major export countries and regions of China's textile and clothing industry.

However, in September, the export value of textile raw materials and textile products to these three countries and regions was 4 billion 185 million US dollars, 3 billion 554 million US dollars and US $2 billion 996 million respectively, up 5.38%, 5% and 25.71% respectively.

Exports to Japan began to recover (the year-on-year growth rate of -2.03% in 2010), but the growth rate of exports to the EU and the US decreased considerably. In the same period in 2010, the growth rate in Europe and the United States was 28.95% and 28.66% respectively, especially in the EU.

Since the beginning of this year, the textile industry has shown that the growth rate of production, sales and efficiency has dropped down month by month, and the growth rate of export has declined relatively obviously. In the first three quarters of this year, the total industrial output value of China's textile industry has been growing at a rate of around 30%.

According to the statistics of National Bureau of statistics, in 2011 1~9, China's textile enterprises totaling more than 35 thousand and 600 scale (main business income of more than 20 million yuan) reached 3 trillion and 955 billion 793 million yuan in total industrial output value, an increase of 28.98% compared with the same period last year, and the growth rate of output value slowed down 1.05 percentage points compared with the first half of this year, slowing down 2.64 percentage points compared with the first quarter.

According to the 12th Five-Year planning personage involved in textile industry, in order to cope with the reduction of exports, planning will promote the formulation of domestic sales.

According to the reporter, today, some export enterprises have adjusted their layout and shifted the focus of development to China.

The gross profit of textile industry dropped to 10%, and the textile industry entered the pition period.

Gao Yong, vice president and Secretary General of China Textile Industry Federation, said in a media interview that from the time of China's entry into WTO, almost every single year there will be some events that have a major impact on China's textile industry.

"When China joined the WTO in 2001, the special safeguard case against Chinese textiles increased sharply in 2003, and the quota of textile exports was abolished in 2005. The international financial crisis broke out in 2007, and China entered the WTO 10th anniversary in 2011."

In the three years before the entry into WTO, the total export volume of textiles has maintained a good upward trend.

However, the SARS in 2003 blocked export, and intensified competition among enterprises in the textile industry.

By the end of 2004, the gross profit margin of textiles was only 20% to 30%, half of that before the WTO accession.

In recent years, the gross profit margin of the textile industry is even less than 10% due to the increase in the cost of labor, the appreciation of the renminbi and the impact of the international financial crisis.

As Ge Yafang, President of the Black Peony (6.25, -0.09, -1.42%) group, said, Chinese textile enterprises are basically working for the people of the world.

Today, black peony textile exports account for 50% of domestic sales.

CIC consultant light industry researcher Xiong Xiaokun believes that at present, the textile industry is facing the competition pattern of survival of the fittest, and the polarization of the listed textile companies is obvious. For example, YOUNGOR (10.20,0.07,0.69%) takes garment and textile as its core basic industry, and develops financial investment and real estate business, adopting the management pattern of "one industry is the main factor and multiple elements simultaneously", realizing the growth strategic investment route of enterprises, and many textile enterprises are facing a state of loss.

Over the past ten years, Chinese textile enterprises have developed their own characteristics in the face of hardships and difficulties in the face of financial crisis and trade barriers.

Such as YOUNGOR has been involved in investment and real estate industry, thereby passing the downturn in the textile industry.

After that, he returned to high-profile this year and invocation of huge sums of money to invest in the textile industry.

In addition, YOUNGOR secretaries Liu Xinyu also stressed to reporters that YOUNGOR's research in technology has never been interrupted, and then maintain the leading and unique technology.

According to WIND statistics, 46 of the 86 textile companies are listed before 2002, and another 40 are listed after 2003.

Of these 40 companies, 17 were listed in 2010 and 2011.

Reporters found that in the recent textile companies listed on the market, mainly in the leading enterprises in the market segments, in addition, including 30.92,0.04,0.13% search, including the characteristics of textile enterprises.

Wang Qian, editor in chief of China's first textile network, told reporters that China's textile industry no longer has the advantage of low cost, and the advantage of export growth is no longer the same as before. This requires the pformation of textile enterprises themselves, otherwise, it will probably be eliminated in the future competition.

"In the ten years of development, the number of textile enterprises has increased by nearly three times after the accession to WTO, and the exchange rate has increased by nearly three times. Textile enterprises are undergoing large-scale industrial integration and pformation."

Xiong Xiaokun, a researcher at CIC's light industry, said.